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Borrowing(s)

Definition overview

1 Definition

Contractual arrangement where the University obtains funds in return for interest being paid for the use of such funds. Examples include but are not limited to overdrafts, loans, finance leases, letters of credit and guarantees. Excludes hire-purchase agreements, operating leases and credit card facilities.

2 References

USQ Defined.

3 Definition Information

Approved Date

17/11/2015

Effective Date

17/11/2015

Record No

15/3525PL

Failure to comply with this Policy or Policy Instrument may be considered as misconduct and the provisions of the relevant Policy or Procedure applied.

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